This project involved an alleged affinity fraud scheme within the San Diego Somali community. The owner of the check cashing locations solicited investments in $10K increments with the promise of a $500 monthly return on investment. The alleged Ponzi scheme netted $3M in investments. Project managers took over and eventually closed the two check cashing stores, investigated the diversion of funds, and attempted to recover the amounts invested. DWC continued to work with the Securities and Exchange Commission  and Federal Bureau of Investigation in the ongoing investigation.

DWC’s findings were accepted and the receivership ended.